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Clinton Foundation brokers HIV deal
ADEZE OJUKWU
New Jersey, USA
Thursday,
January 22 2004
Vol 17 No.004
UNITED
States (U.S.A.) based William J. Clinton Foundation, owned by former
President Bill Clinton, is to collaborate with five leading medical
technology companies to drastically reduce the price of HIV/AIDS
laboratory tests for millions of people in Africa and the Caribbean.
Mr. Clinton who disclosed
this yesterday during a news conference in New York, said the
agreement would reduce cost of key tests by about 80 per cent for
people living with HIV/AIDS.
He said the Foundation
expected that with the reduction in the cost of laboratory tests,
about five million people would benefit from the tests by 2008.
The five companies involved
in the agreement include Bayer Diagnostic; Beckman Coulter, Inc; BD
(Becton, Dickinson and Company); BioMe’2(C)eux and Roche
Diagnostics.
Stating that the agreement
would save almost $300 million in South Africa alone over the next
five years, Clinton said the cost of testing and treatment in the
country would now be about $250 per patient per year which is about
70 per cent reduction as against the current price of $800 per
patient annually.
"The reduced-price tests
will initially be available in the 16 countries and territories
where the Foundation HIV/AIDS Initiative is working with governments
to set up countrywide integrated care, treatment and prevention
programmes," Clinton said.
"We are systematically
changing the economics of AIDS treatment in places where, before
now, very few people have been able to receive life-saving care.
"By pushing down the price
of HIV/AIDS medicine and laboratory tests, we are ramping up the
ability of developing countries to treat millions of people and to
do so with the kind of quality of care that people with AIDS in the
developed world usually receive," former President Clinton said.
Daily Champion
gathered that this is the second major price-reduction agreement
negotiated by the Foundation. The first was last October when
Clinton announced a major reduction in the price of anti-retroviral
drugs (ARVs) for use in the developing countries.
Clinton told newsmen
yesterday that the agreement covered two HIV/AIDS laboratory tests –
the cd4 test and the viral load test.
He said while the cd4 test
helps determine when ARVs should be administered to people living
with AIDS, the viral load test "helps measure how effective ARVS are
suppressing the virus and can alert clinicians about the need to
adjust dosages or change regimens."
"As part of the agreement,
the companies will provide equipment and related products and
services to each of the countries involved, which helps the
countries avoid large upfront costs," he added.
He stated that his Foundation
has been working for over a year helping individual governments in
Africa and the Caribbean to develop "scalable AIDS care, treatment
and prevention strategies."
According to him, in the
Caribbean," the Foundation is working with nine countries and three
territories which together have over 90 per cent of people living
with AIDS in the Caribbean.
In Africa, the Foundation is
working with Mozambique, Rwanda, South Africa and Tanzania which
together have about 33 per cent of all people living with AIDS in
Africa," Clinton further stated. |